EL AL Israel Airlines Finalizes Order for up to 31 Boeing 737 MAX Jets
Boeing [NYSE: BA] and EL AL Israel Airlines have finalized an agreement for up to 31 737 MAX jets, supporting EL AL's fleet renewal plans. This order follows EL AL's recent purchase of three additional 787-9 Dreamliners with options for six more. The 737 MAX will offer 20% reduced fuel use and emissions compared to older models, with a 50% smaller noise footprint. EL AL's CEO, Dina Ben-Tal Ganancia, emphasized the airline's commitment to expanding its fleet, improving customer value, and increasing capacity. Stephanie Pope, CEO of Boeing Commercial Airplanes, highlighted the ongoing partnership between Boeing and EL AL, spanning seven decades.
Boeing [NYSE: BA] e EL AL Israel Airlines hanno finalizzato un accordo per un massimo di 31 aerei 737 MAX, sostenendo i piani di rinnovo della flotta di EL AL. Questo ordine segue l'acquisto recente da parte di EL AL di tre ulteriori 787-9 Dreamliner con opzioni per sei in più. Il 737 MAX offrirà un 20% in meno di consumo di carburante ed emissioni rispetto ai modelli precedenti, con un 50% in meno di inquinamento acustico. Il CEO di EL AL, Dina Ben-Tal Ganancia, ha sottolineato l'impegno della compagnia aerea ad espandere la sua flotta, migliorare il valore per i clienti e aumentare la capacità. Stephanie Pope, CEO di Boeing Commercial Airplanes, ha evidenziato la partnership continua tra Boeing ed EL AL, che dura da sette decenni.
Boeing [NYSE: BA] y EL AL Israel Airlines han finalizado un acuerdo para la adquisición de hasta 31 aviones 737 MAX, apoyando los planes de renovación de flota de EL AL. Este pedido sigue a la reciente compra por parte de EL AL de tres 787-9 Dreamliners adicionales, con opciones para seis más. El 737 MAX ofrecerá un 20% menos de consumo de combustible y emisiones en comparación con los modelos más antiguos, así como un 50% menos de ruido. La CEO de EL AL, Dina Ben-Tal Ganancia, enfatizó el compromiso de la aerolínea de expandir su flota, mejorar el valor para los clientes y aumentar la capacidad. Stephanie Pope, CEO de Boeing Commercial Airplanes, destacó la asociación continua entre Boeing y EL AL, que abarca siete décadas.
Boeing [NYSE: BA]과 EL AL 이스라엘 항공사는 최대 31대의 737 MAX 항공기 구입 계약을 체결하여 EL AL의 플릿 갱신 계획을 지원합니다. 이번 주문은 EL AL이 최근에 3대의 추가 787-9 드림라이너를 구매하며 6대의 선택권을 포함한 것에 이어진 것입니다. 737 MAX는 이전 모델에 비해 20%의 연료 사용량 및 배출량 감소와 50%의 소음 감소를 제공할 것입니다. EL AL의 CEO인 Dina Ben-Tal Ganancia는 항공사가 플릿을 확장하고 고객 가치를 개선하며 용량을 증가시키기 위한 노력을 강조했습니다. Boeing 상업 비행기의 CEO인 Stephanie Pope는 Boeing과 EL AL 간의 7십 년의 지속적인 파트너십을 강조했습니다.
Boeing [NYSE: BA] et EL AL Israël Airlines ont finalisé un accord pour jusqu'à 31 avions 737 MAX, soutenant les plans de renouvellement de la flotte d'EL AL. Cette commande fait suite à l'achat récent par EL AL de trois autres 787-9 Dreamliners avec des options pour six de plus. Le 737 MAX offrira une réduction de 20 % de la consommation de carburant et des émissions par rapport aux anciens modèles, avec une empreinte sonore réduite de 50 %. La PDG d'EL AL, Dina Ben-Tal Ganancia, a souligné l'engagement de la compagnie aérienne à élargir sa flotte, à améliorer la valeur pour les clients et à augmenter sa capacité. Stephanie Pope, PDG de Boeing Commercial Airplanes, a mis en lumière le partenariat continu entre Boeing et EL AL, qui s'étend sur sept décennies.
Boeing [NYSE: BA] und EL AL Israel Airlines haben ein Abkommen über bis zu 31 737 MAX-Jets abgeschlossen, das die Pläne zur Erneuerung der Flotte von EL AL unterstützt. Diese Bestellung folgt auf den kürzlichen Kauf von drei weiteren 787-9 Dreamlinern durch EL AL mit Optionen für sechs weitere. Die 737 MAX wird 20% weniger Treibstoffverbrauch und Emissionen im Vergleich zu älteren Modellen bieten, mit einem 50% kleineren Lärmfußabdruck. Die CEO von EL AL, Dina Ben-Tal Ganancia, betonte das Engagement der Fluggesellschaft, ihre Flotte auszubauen, den Kundenmehrwert zu verbessern und die Kapazität zu erhöhen. Stephanie Pope, CEO von Boeing Commercial Airplanes, hob die fortlaufende Partnerschaft zwischen Boeing und EL AL hervor, die sich über sieben Jahrzehnte erstreckt.
- Boeing secured an order for up to 31 737 MAX jets from EL AL Israel Airlines
- The deal supports EL AL's fleet renewal and expansion plans
- 737 MAX offers 20% reduced fuel use and emissions compared to older models
- EL AL recently purchased three additional 787-9 Dreamliners with options for six more
- None.
Insights
This deal marks a significant win for Boeing, potentially worth billions of dollars. The order for up to 31 737 MAX jets, coupled with the earlier purchase of 787 Dreamliners, demonstrates strong customer confidence in Boeing's products despite past challenges. This could positively impact Boeing's revenue stream and market share in the competitive commercial aviation sector.
For EL AL, this fleet renewal strategy aims to improve operational efficiency and reduce costs. The 20% reduction in fuel use and emissions could lead to substantial savings in operating expenses, potentially boosting EL AL's profitability. However, investors should consider the significant capital expenditure required and its impact on EL AL's balance sheet in the short term.
This order underscores the ongoing recovery in the aviation sector post-pandemic. It's a strong indicator that airlines are confident enough to make long-term fleet investments. The choice of the 737 MAX, despite its troubled history, suggests that Boeing has successfully addressed safety concerns and restored trust in the aircraft.
The deal also highlights the growing importance of fuel efficiency and environmental performance in airline fleet decisions. With a
This deal reflects the strategic importance of the Israeli market in the global aviation landscape. As Israel's flag carrier, EL AL's fleet renewal signals confidence in the country's tourism and business travel growth potential. The emphasis on "open skies for Israel" suggests potential for increased international routes and market expansion.
The order's timing, amidst global economic uncertainties, indicates EL AL's long-term growth strategy and commitment to enhancing its competitive position. For Boeing, securing this order from a key Middle Eastern carrier could open doors for additional sales in the region. Investors should monitor how this deal impacts both companies' market positions and whether it leads to a ripple effect of fleet renewals among other carriers in the region.
"This is a significant milestone for EL AL, which will allow us to offer our customers the most advanced service and technology experience in the industry," said Dina Ben-Tal Ganancia. CEO EL AL Israel Airlines. "The implementation of the long-term procurement plan, which began with the purchase of additional 787 Dreamliners earlier this year and culminates in the current deal, once again demonstrates our commitment to the Israeli public and the state."
Ben-Tal Ganancia added: "EL AL has a central role in ensuring open skies for
With the 737 MAX family, EL AL will achieve the best per-seat economics in its class, improved environmental performance and increased passenger comfort. In particular, the 737 MAX will reduce fuel use and emissions
"We are honored EL AL has chosen Boeing airplanes to power its past, present and future as we continue to build on seven decades of partnership," said Stephanie Pope, president and CEO of Boeing Commercial Airplanes. "We know EL AL depends on the versatility and reliability of Boeing airplanes, and we look forward to delivering the 737 MAX and 787 Dreamliner jets that will reshape and grow the airline in the coming decades."
EL AL's 737 MAX order follows its purchase earlier this year of three additional 787-9 airplanes with options for six more as the airline further expands its 787 Dreamliner fleet. The carrier will take delivery of a new 787-9 this year and plans to receive two more new 787-9s on lease in the coming years.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top
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SOURCE Boeing
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